Global Other Liab vs Other Current Liab Analysis
GPN Stock | USD 117.05 0.72 0.62% |
Global Payments financial indicator trend analysis is much more than just examining Global Payments latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Payments is a good investment. Please check the relationship between Global Payments Other Liab and its Other Current Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Payments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Global Stock, please use our How to Invest in Global Payments guide.
Other Liab vs Other Current Liab
Other Liab vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Payments Other Liab account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Global Payments' Other Liab and Other Current Liab is 0.79. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Global Payments, assuming nothing else is changed. The correlation between historical values of Global Payments' Other Liab and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Global Payments are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Liab i.e., Global Payments' Other Liab and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Liab
Other Current Liab
Most indicators from Global Payments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Payments current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Payments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Global Stock, please use our How to Invest in Global Payments guide.At this time, Global Payments' Selling General Administrative is very stable compared to the past year. As of the 23rd of November 2024, Tax Provision is likely to grow to about 219.5 M, while Discontinued Operations is likely to drop (921.4 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.8B | 5.2B | 5.9B | 6.2B | Total Revenue | 8.5B | 9.0B | 9.7B | 10.1B |
Global Payments fundamental ratios Correlations
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Global Payments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Global Payments fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 44.5B | 44.2B | 45.3B | 44.8B | 50.6B | 53.1B | |
Short Long Term Debt Total | 9.7B | 9.8B | 12.1B | 14.3B | 17.4B | 18.2B | |
Other Current Liab | 2.3B | 3.1B | 3.4B | 4.6B | 6.0B | 6.2B | |
Total Current Liabilities | 3.6B | 4.5B | 4.5B | 6.9B | 8.1B | 8.5B | |
Total Stockholder Equity | 27.9B | 27.3B | 25.6B | 22.3B | 23.0B | 24.1B | |
Other Liab | 3.3B | 3.7B | 3.5B | 2.6B | 3.0B | 3.2B | |
Property Plant And Equipment Net | 1.4B | 1.6B | 1.7B | 1.8B | 2.2B | 2.3B | |
Net Debt | 8.0B | 7.8B | 10.1B | 12.3B | 15.3B | 16.1B | |
Accounts Payable | 148.1M | 128.7M | 262.0M | 229.4M | 290.4M | 305.0M | |
Cash | 1.7B | 1.9B | 2.0B | 2.0B | 2.1B | 2.2B | |
Non Current Assets Total | 40.1B | 39.6B | 40.6B | 38.5B | 42.5B | 44.6B | |
Non Currrent Assets Other | 1.8B | 2.1B | 2.4B | 2.7B | 2.6B | 2.7B | |
Other Assets | 1.4B | 2.1B | 2.4B | 3.7B | 4.2B | 4.4B | |
Long Term Debt | 9.1B | 8.5B | 11.4B | 12.3B | 15.7B | 16.5B | |
Cash And Short Term Investments | 1.7B | 1.9B | 2.0B | 2.0B | 2.1B | 2.2B | |
Net Receivables | 895.2M | 794.2M | 946.2M | 998.3M | 1.1B | 1.2B | |
Common Stock Shares Outstanding | 199.1M | 300.5M | 293.7M | 275.6M | 261.7M | 189.4M | |
Liabilities And Stockholders Equity | 44.5B | 44.2B | 45.3B | 44.8B | 50.6B | 53.1B | |
Non Current Liabilities Total | 12.8B | 12.2B | 14.9B | 15.4B | 18.7B | 19.6B | |
Other Current Assets | 1.8B | 1.9B | 1.8B | 3.8B | 4.9B | 5.1B | |
Other Stockholder Equity | 25.8B | 25.0B | 22.9B | 20.0B | 19.8B | 20.8B | |
Total Liab | 16.4B | 16.7B | 19.4B | 22.3B | 26.8B | 28.1B | |
Total Current Assets | 4.4B | 4.6B | 4.7B | 6.3B | 8.1B | 8.5B | |
Accumulated Other Comprehensive Income | (310.6M) | (202.3M) | (234.2M) | (406.0M) | (258.9M) | (246.0M) | |
Short Term Debt | 587.2M | 1.3B | 695.0M | 2.0B | 1.7B | 1.8B | |
Intangible Assets | 13.2B | 12.0B | 11.6B | 9.7B | 10.2B | 10.7B | |
Property Plant Equipment | 1.4B | 1.6B | 1.7B | 1.8B | 2.1B | 2.2B | |
Retained Earnings | 2.3B | 2.6B | 3.0B | 2.7B | 3.5B | 3.6B | |
Property Plant And Equipment Gross | 1.4B | 1.6B | 2.9B | 3.2B | 4.0B | 4.2B | |
Good Will | 23.8B | 23.9B | 24.8B | 23.3B | 26.7B | 28.1B | |
Current Deferred Revenue | 585.8M | 863.8M | 1.0B | 994.5M | 229.7M | 384.8M | |
Net Tangible Assets | (9.1B) | (8.6B) | (10.8B) | (10.7B) | (9.6B) | (9.1B) | |
Noncontrolling Interest In Consolidated Entity | 199.2M | 154.7M | 241.2M | 236.7M | 272.2M | 170.2M | |
Retained Earnings Total Equity | 2.3B | 2.6B | 3.0B | 2.7B | 3.1B | 1.7B | |
Long Term Debt Total | 9.1B | 8.5B | 11.4B | 12.3B | 14.1B | 14.8B | |
Capital Surpluse | 25.8B | 25.0B | 22.9B | 20.0B | 23.0B | 24.1B | |
Deferred Long Term Liab | 3.1B | 2.9B | 2.8B | 2.4B | 2.8B | 2.9B | |
Non Current Liabilities Other | 609.8M | 750.6M | 739.0M | 648.0M | 722.5M | 380.2M |
Pair Trading with Global Payments
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Global Payments position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Global Payments will appreciate offsetting losses from the drop in the long position's value.Moving together with Global Stock
Moving against Global Stock
0.43 | BW | Babcock Wilcox Enter | PairCorr |
0.41 | GPAK | Gamer Pakistan Common | PairCorr |
0.39 | DE | Deere Company Fiscal Year End 27th of November 2024 | PairCorr |
0.39 | FA | First Advantage Corp | PairCorr |
0.32 | EH | Ehang Holdings | PairCorr |
The ability to find closely correlated positions to Global Payments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Payments when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Global Payments - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Global Payments to buy it.
The correlation of Global Payments is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Global Payments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Payments moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Global Payments can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Payments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Global Stock, please use our How to Invest in Global Payments guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Transaction & Payment Processing Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Payments. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Payments listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.11) | Dividend Share 1 | Earnings Share 5.31 | Revenue Per Share 39.009 | Quarterly Revenue Growth 0.051 |
The market value of Global Payments is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Payments' value that differs from its market value or its book value, called intrinsic value, which is Global Payments' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Payments' market value can be influenced by many factors that don't directly affect Global Payments' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Payments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Payments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Payments' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.